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Dec 31, 2012
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washington is always messed up. >> grover norquist joining us from washington this morning. >> let's talk about the situation we find ourselves in. and the prospect we could go over the fiscal cliff and what specifically that would mean for the u.s. economy. diana is a former labor department chief economist under george w. bush, and senior fellow at the manhattan institute. here at post 9 in new york is rock johnson u.s. senate banking committee, and now at the institute for new economic thinking and senior fellow at the roosevelt institute. how would you explain what is going on at the moment for people sitting at home worried about what's happening in the new year? >> it's the same old stuff in washington. it's just haggle, haggle, haggle. and they're not addressing the real problems of america, which are jobs, productivity, education, science research, and withering infrastructure. this is appalling, and the american people should watch whatever's happening with a sense of disgust. >> you feel clearly very strongly. >> yes. >> why do you think we've got to this stage? what could
washington is always messed up. >> grover norquist joining us from washington this morning. >> let's talk about the situation we find ourselves in. and the prospect we could go over the fiscal cliff and what specifically that would mean for the u.s. economy. diana is a former labor department chief economist under george w. bush, and senior fellow at the manhattan institute. here at post 9 in new york is rock johnson u.s. senate banking committee, and now at the institute for new...
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Dec 31, 2012
12/12
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you're in favor of raising taxes, you signed grover norquist's pledge to not raise taxes. you're now rebuking. 450 for joint filers being the cuttoff. which classification of earnings you ultimately will see their taxes increase? >> well, lori, it is very difficult to understand where we go from here because i haven't seen the agreement and, when i look at what ply colleagues really objected to and what was referred to as plan. about, it is difficult to understand why this plan is anything other than a worse plan. there aren't any real spending cuts as i see. so i'm going to have to difficult time with it myself but i will wait to make a final decision until i see it. lori: i'm sure. phil swaying he will about, to you now. let's talk about the issue of spending cuts. you raise a wonderful point. there are expenditures exempt from budget cuts. entitlements. interest payments on the national debt. that said we need bigger entitlement reform. this is a big pick you are issue here, any cuts they're negotiating to avoid the cliff they're not meaningful. are you at all optimisti
you're in favor of raising taxes, you signed grover norquist's pledge to not raise taxes. you're now rebuking. 450 for joint filers being the cuttoff. which classification of earnings you ultimately will see their taxes increase? >> well, lori, it is very difficult to understand where we go from here because i haven't seen the agreement and, when i look at what ply colleagues really objected to and what was referred to as plan. about, it is difficult to understand why this plan is...
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Dec 31, 2012
12/12
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norquist fellow. did they not realize that you have to have taxes to pay for these two wars that the republicans -- that was george w. bush who was in charge that time -- they started these wars. and yet, they are saying we have to control the spending. the spending is on these wars. so, let congress take a pay cut of about 35%, and take any revenue the dead and take that revenue and put it towards the debt to pay down our debt. our debt is caused by wars, not by social security, not by medicare. we people who work out here, we pay into social security. we pay into medicare. so, let them take a pay cut. if they want to start cutting everybody, how about congress taking a pay cut? thank you for taking my call. host: christian, your message to washington on this deadline day, about 9 1/2 hours before we reached the midline -- the midnight deadline. caller: i do not think we should now go over the fiscal cliff, and i do not think it is responsible whether you are republican or democrat. i think both part
norquist fellow. did they not realize that you have to have taxes to pay for these two wars that the republicans -- that was george w. bush who was in charge that time -- they started these wars. and yet, they are saying we have to control the spending. the spending is on these wars. so, let congress take a pay cut of about 35%, and take any revenue the dead and take that revenue and put it towards the debt to pay down our debt. our debt is caused by wars, not by social security, not by...
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Dec 31, 2012
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we'll speak with grover norquist about the likelily hood of a deal in washington. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance.
we'll speak with grover norquist about the likelily hood of a deal in washington. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000...